Pet Plastics
Pet Plastics
Industrial ProductsKey Fundamentals
MicrocapPlastic Products - IndustrialIndustrial ProductsTapetide Score
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Key Insights
Strengths
1- Company's working capital requirements have reduced from 582 days to 111 days
Weaknesses
4- Company has low interest coverage ratio.
- Company has a low return on equity of -15.2% over last 3 years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 24.2 to 63.4 days.
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.28 | 1.18 | 3.42 | 2.08 | 0.89 | 2.8 | 0 | 0.61 | 1.25 | 1.17 | 0.01 | 21.42 | 1.45 |
| Expenses | 1.46 | 1.27 | 3.46 | 2.34 | 0.95 | 2.85 | 0.13 | 0.7 | 1.62 | 1.27 | 1.05 | 25.82 | 1.42 |
| Operating Profit | -0.18 | -0.09 | -0.04 | -0.26 | -0.06 | -0.05 | -0.13 | -0.09 | -0.37 | -0.1 | -1.04 | -4.4 | 0.03 |
| OPM % | -14.06% | -7.63% | -1.17% | -12.5% | -6.74% | -1.79% | — | -14.75% | -29.6% | -8.55% | -10400% | -20.54% | 2.07% |
| Other Income | 0.03 | 0.31 | 0.06 | 0.36 | 0.03 | 0.08 | 0.02 | 0.4 | 0.04 | 0.24 | 0 | -8.25 | 0.19 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.14 | 0.14 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | -0.15 | 0.22 | 0.02 | 0.1 | -0.03 | 0.03 | -0.11 | 0.31 | -0.33 | 0.14 | -1.05 | -12.79 | 0.08 |
| Tax % | 0% | 9.09% | 0% | 30% | 0% | 0% | 0% | 19.35% | 0% | 0% | 0% | -0.47% | 0% |
| Net Profit | -0.15 | 0.2 | 0.01 | 0.07 | -0.03 | 0.03 | -0.11 | 0.26 | -0.33 | 0.14 | -1.05 | -12.73 | 0.08 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 40 | 40 | 36 | 24 | 7 | 6 | 7 | 7 | 6 | 8 | 4 | 24 | 24 |
| Expenses | 41 | 42 | 37 | 24 | 7 | 6 | 7 | 7 | 7 | 9 | 5 | 30 | 30 |
| Operating Profit | -1 | -2 | -1 | 0 | 0 | 0 | 0 | 0 | -1 | -1 | 0 | -6 | -6 |
| OPM % | -1.5% | -5% | -3% | -0.3% | -4.8% | -7% | -2.6% | -6% | -8% | -7% | -8% | -25% | -23% |
| Other Income | 2 | 2 | 2 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | -8 | -8 |
| Interest | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14 | -14 |
| Tax % | 36% | 0% | 0% | 0% | 19% | 25% | 29% | 0% | 0% | 28% | 30% | 0% | — |
| Net Profit | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14 | -14 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
| Reserves | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 0 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 |
| Other Liabilities | 3 | 12 | 14 | 11 | 11 | 9 | 6 | 1 | 6 | 4 | 2 | 3 |
| Total Liabilities | 18 | 27 | 29 | 25 | 25 | 23 | 20 | 15 | 20 | 19 | 17 | 11 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 0 |
| Other Assets | 17 | 26 | 28 | 24 | 24 | 22 | 19 | 14 | 18 | 17 | 15 | 11 |
| Total Assets | 18 | 27 | 29 | 25 | 25 | 23 | 20 | 15 | 20 | 19 | 17 | 11 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 0 | 25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | -9 |
| Investing | 0 | -25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 7 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Free Cash Flow | 0 | 25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | -8 |
| CFO/OP | -43 | -1,148 | -21 | -175 | -9 | -112 | 106 | 44 | 77 | 155 | -145 | 149 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 14 | 89 | 153 | 179 | 616 | 671 | 491 | 96 | 3 | 2 | 7 | 63 |
| Inventory Days | 31 | 16 | 11 | 17 | 57 | 66 | 164 | 183 | 174 | 108 | 245 | 14 |
| Days Payable | 21 | 100 | 136 | 166 | 560 | 557 | 347 | 47 | 13 | 13 | 9 | 35 |
| Cash Conversion Cycle | 23 | 5 | 28 | 29 | 113 | 179 | 308 | 232 | 164 | 97 | 243 | 42 |
| Working Capital Days | 14 | -3 | 136 | 203 | 704 | 792 | 714 | 672 | 728 | 594 | 1,039 | 111 |
| ROCE % | 7% | 1% | 4% | 7% | 3% | 1% | 0% | -1% | 0% | 1% | 1% | -51% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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58 extracted metrics + investor summaries across FY09–FY26.
Documents
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Company Information
Pet Plastics is engaged in Single Segment i.e., Manufacturing & Trading of Plastic Goods.
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